Paediatric Influenza Treatment Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028
Paediatric Influenza Treatment Market: Drivers and Restraints
Antiviral prescriptions are viable for the counteractive action of flu, and, when utilized for treatment, can diminish the span and seriousness of the disease. Early antiviral treatment can decrease the danger of serious illness or death identified with flu. In any case, the development of imperviousness to at least one of the four authorized antiviral specialists (oseltamivir, zanamivir, amantadine, and rimantadine) among some flowing flu infection strains during the previous 5 years has confounded antiviral treatment and chemoprophylaxis suggestions. Expanding indications of flu between the age group of 1 to 9 years coupled with rise in the usage of antiviral drugs have added major contribution to the overall growth of the market. Also rising approvals for medications such as Mainly three influenza antiviral medicines approved by the U.S. (FDA) are prescribed for use in the U.S. during the 2016-2017 flu season: oral oseltamivir (accessible as a generic drug or under the exchange name Tamiflu), zanamivir ( Relenza – trade name) and intravenous peramivir (trade name Rapivab). These medications are artificially related antiviral drugs known as neuraminidase inhibitors that have action against both influenza A and B infections. Late innovative headways in restorative antiviral drugs for treating different types of this sickness have additionally caused an expanded request worldwide, which will keep on contributing towards the development of pediatric influenza treatment during the forecast period. However, there are factors such as limited number of treatment options in developing economies coupled with high very high cost of branded drugs, expensiveness, and inefficient usage of low cost non-prescribed drugs, less availability of antiviral drugs with improper guidelines in various regions and monopoly of few players, which have impeded the growth of the market.
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Paediatric Influenza Treatment Market: Segmentation
Based on the treatment type, the pediatric influenza treatment market is segmented into the following:
By Drug Class
- Amantadine & Rimantadine
- Neuraminidase Inhibitors
- Oseltamivir & Zanamivir
Based on the end user, the pediatric influenza treatment market is segmented into the following:
By End User
Paediatric Influenza Treatment Market: Global Overview
Pediatric influenza treatment market is expected to witness significant changes due to vast opportunities remaining. However, if the length of diagnostic regimen is shortened, the rate of treatment uptake is expected to witness an uphill trend. The developed markets are expected to witness the fastest growth in terms of revenue generation in comparison with developing markets. Awareness levels being low in the less developed countries, this indication majorly leads to death. The market once established with new treatments, is expected to witness stable growth rates in the initial years followed by dynamic rates in later years.
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Paediatric Influenza Treatment Market: Region-Wise Outlook
North America region is expected to witness faster revenue growth in comparison with markets in other regions. The reasons for the same are higher infection rate amongst children, higher cost of antiviral drugs and large population of patients of young age (1-9 years) suffering from pediatric influenza. Higher awareness levels among physicians and frequent publication of results of upcoming treatments tend to create a positive sentiment in the region, which is absent in other regions such as Middle East and Africa and Asia. Considerable research efforts towards development of novel vaccines/drugs and innovative medication regimens are factors expected to aid the revenue growth of the market over the forecast years.
Paediatric Influenza Treatment Market: Key Players
Few key players in the global cervical dysplasia treatment market are GlaxoSmithKline Plc., NATCO Pharma Limited., NESHER PHARMS, F. Hoffmann-La Roche Ltd, Atabay Kimya Sanayi ve Ticaret A.S., Cipla, Hetero Pharma, Teva Pharmaceutical pvt. Ltd. and Olainfarm JSC.
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The report provides the following information:
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